The Accountant on MSN
AICPA proposes enhancements to US tax forms
The forms in question include the Form 1041, Instructions to Form 1041 and Schedules A, B, G, J, and K-1, as well as Form 1041-A.
Individuals and sole proprietors who are not ready to submit Form 1040 can file Form 4868 to receive an automatic 6-month extension. C-Corporations and LLCs taxed as corporations can file Form 7004 to ...
Q. I’m a trustee selling a home in irrevocable trust for a parent who died. Two beneficiaries who will get sale proceeds with a stepped-up basis. I’m filing Form 1041 but or do I still have to file a ...
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